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Which of the following is/are the consequences of the proclamation of a Financial Emergency?
1. The President can issue directions for the reduction of salaries and allowances of all class of persons serving the Union or those serving in the state.
2. The Centre can issue directions requiring the reservation of all bills except money bills for the consideration of the President after they are passed by the legislature of the state.
3. The President can issue directions for the reduction of salaries and allowances of the judges of the Supreme Court and the high court.
Select the correct answer using the code given below.
  • a)
    1 only
  • b)
    2 and 3 only
  • c)
    1 and 3 only
  • d)
    1, 2 and 3
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which of the following is/are the consequences of the proclamation of ...
Correct Answer :- c
Explanation : All money bills or other financial bills that come up for the President's consideration after being passed by the state legislature, can be reserved.
Under article 360 of the Constitution, the President can proclaim a financial emergency when the financial stability or credit of the nation or of any part of its territory is threatened.
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Which of the following is/are the consequences of the proclamation of ...
Consequences of the proclamation of a Financial Emergency:

1. Reduction of salaries and allowances of all class of persons serving the Union or those serving in the state:
- The President has the power to issue directions for the reduction of salaries and allowances of all class of persons serving the Union or those serving in the state during a Financial Emergency.
- This includes employees of the central government as well as state government employees.

2. Reservation of bills for the consideration of the President:
- The Centre can issue directions requiring the reservation of all bills except money bills for the consideration of the President after they are passed by the legislature of the state.
- This means that all bills passed by the state legislature, except money bills, need to be referred to the President for his consideration and approval before they can become law.
- This allows the President to have a say in the legislative process during a Financial Emergency.

3. Reduction of salaries and allowances of judges of the Supreme Court and high courts:
- The President can issue directions for the reduction of salaries and allowances of the judges of the Supreme Court and the high courts during a Financial Emergency.
- This gives the President the power to reduce the salaries and allowances of the judiciary, which is an independent body, during a Financial Emergency.

Overall, the proclamation of a Financial Emergency gives the President significant powers to issue directions for the reduction of salaries and allowances of various categories of employees, including government officials and judges. It also allows the Centre to have control over the legislative process by reserving bills for the consideration of the President. These measures are aimed at enabling the government to effectively deal with a financial crisis and take necessary steps to restore the financial stability of the country.
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Which of the following is/are the consequences of the proclamation of a Financial Emergency?1. The President can issue directions for the reduction of salaries and allowances of all class of persons serving the Union or those serving in the state.2. The Centre can issue directions requiring the reservation of all bills except money bills for the consideration of the President after they are passed by the legislature of the state.3. The President can issue directions for the reduction of salaries and allowances of the judges of the Supreme Court and the high court.Select the correct answer using the code given below.a)1 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?
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Which of the following is/are the consequences of the proclamation of a Financial Emergency?1. The President can issue directions for the reduction of salaries and allowances of all class of persons serving the Union or those serving in the state.2. The Centre can issue directions requiring the reservation of all bills except money bills for the consideration of the President after they are passed by the legislature of the state.3. The President can issue directions for the reduction of salaries and allowances of the judges of the Supreme Court and the high court.Select the correct answer using the code given below.a)1 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following is/are the consequences of the proclamation of a Financial Emergency?1. The President can issue directions for the reduction of salaries and allowances of all class of persons serving the Union or those serving in the state.2. The Centre can issue directions requiring the reservation of all bills except money bills for the consideration of the President after they are passed by the legislature of the state.3. The President can issue directions for the reduction of salaries and allowances of the judges of the Supreme Court and the high court.Select the correct answer using the code given below.a)1 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is/are the consequences of the proclamation of a Financial Emergency?1. The President can issue directions for the reduction of salaries and allowances of all class of persons serving the Union or those serving in the state.2. The Centre can issue directions requiring the reservation of all bills except money bills for the consideration of the President after they are passed by the legislature of the state.3. The President can issue directions for the reduction of salaries and allowances of the judges of the Supreme Court and the high court.Select the correct answer using the code given below.a)1 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?.
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